Payment Analysis

1,146.86CAD/monthin Calgary, AB
    Before Taxes:
  • 1,146.86 CAD/month
  • 529.32 CAD/bi-weekly
  • 264.66 CAD/week
  • 13,762.32 CAD/year
Incl. Alberta Taxes (5%):
  • 1,204.20 CAD/month
  • 555.79 CAD/bi-weekly
  • 277.89 CAD/week
  • 14,450.44 CAD/year

Lease Takeover/Buyout Analysis

The Lease Takeover Analysis (LTA) "Leasing Purposes" section is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference. (Learn more about the LTA)

For Leasing Purposes

With this deal, you are saving: 5,676 ~ 6,976 CAD

compared to leasing a BRAND NEW:

  • M340i xDrive Automatic AWD w/ Premium Excellence Package
  • for 48 months
  • in Alberta
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,319
This Contract (CAD/month) 1,147
Monthly Difference 173 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 2,076 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,676 ~ 6,976
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 45,411 CAD
  • Total Vehicle Debt: 88,698 CAD
  • Paid so Far: 41,287 CAD (46% Paid)
  • Remaining Lease Payments: 13,762 CAD
  • Residual Value: 33,649 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 41,287 CAD Total Vehicle Value: 88,698 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,762 CAD
Term Paid so Far: 41,287 CAD Residual Value: 33,649 CAD
0%
46%
15%
39%
Cost to Own
Already Paid: 41,287 CAD (46%)
Cash Incentive: 2,000 CAD Buyout Price Today: 45,411 CAD
46% Paid
2%
52%
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more about this financial analysis)

Finance the remaining Debt Today

Remaining Term + Residual Value: 45,411 CAD

  • 4.9%Interest Rate x 48 months
  • 1,044 CAD/month + tax
  • Total Payable: 50,099 CAD
  • Total Interest: 4,688 CAD
  • 8.9%Interest Rate x 48 months
  • 1,128 CAD/month + tax
  • Total Payable: 54,140 CAD
  • Total Interest: 8,728 CAD
  • 14.9%Interest Rate x 48 months
  • 1,262 CAD/month + tax
  • Total Payable: 60,553 CAD
  • Total Interest: 15,142 CAD

At the end of the Lease Contract

Residual Value: 33,649 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 773 CAD/month + tax
  • Total Payable: 37,123 CAD
  • Total Interest: 3,474 CAD
  • 8.9%Interest Rate x 48 months
  • 836 CAD/month + tax
  • Total Payable: 40,116 CAD
  • Total Interest: 6,467 CAD
  • 14.9%Interest Rate x 48 months
  • 935 CAD/month + tax
  • Total Payable: 44,869 CAD
  • Total Interest: 11,220 CAD

Business Vehicle Analysis

This section is very important if you are interested in the vehicle for Uber, Lyft, Turo, Getaround, vehicle rental or for a business. (Learn more about this section)

Distance Analysis
Cost to drive 100km: (CAD)
23.76
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 27.80CAD/100km (TODAY without the Cash Incentive)
  • 86.01CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
32.23
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 37.70CAD/day (Original Contract back in Jan, 2020)
Remaining Km
Can be driven up to:
951.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Jan, 2020)

Seller Contact Info

This Contract was Already Transferred.

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